Courtesy of: Mason Hickman, eXp Realty, LLC, Mason@investcapecod.com
$1,950,000
![]() |
8 bed
|
![]() |
9.00 Bath (8 Full , 1 Half)
|
![]() |
Lot: 0.70 Acres
|
![]() |
Multi Family
|
$1,950,000
2705 State Highway Rare opportunity to own an 8-unit, year-round multifamily complex in Eastham. This versatile property is ideal for condo conversion, short-term rentals, employee or corporate housing, continued year-round tenancy, or potential redevelopment. The property consists of six buildings—two duplexes and four standalone units—served by an I/A septic system rated for nine bedrooms. Seven of the eight units are currently occupied with tenants at will; the remaining unit will be delivered vacant, offering flexibility for a new owner. All units are separately metered for electricity, with a common panel for shared spaces. Units A & B are heated by natural gas. The lower level of A/B includes private storage cages for each unit, coin-operated laundry, and an owner's garage—ideal for material storage or possible income expansion. Recent updates have been made to Unit B and Unit 3/4. Strong rental history with significant upside. Asking price reflects a 6.4% cap on current rent roll and expenses. Call for more details.
Courtesy of: Mason Hickman, eXp Realty, LLC, Mason@investcapecod.com
Copyright © 2025 Cape Cod & Islands Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.